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Home Q & A Board Other Fields Homework Help Business Economics
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kkoonge kkoonge
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6 years ago
Assume the economy is in equilibrium where real GDP equals potential GDP, and the economy experiences a negative demand shock.
 
  Describe what happens in the IS-MP model, and explain what policy the Fed could use to keep the inflation rate from changing?

Question 2

The major contributor to the long-run improvement of a country's standard of living is
 
  A) low inflation.
  B) growth in government.
  C) population growth.
  D) technological progress.
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grubbingrouchgrubbingrouch
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6 years ago
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kkoonge Author
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#2
6 years ago
I can see it now, thanks for clarifying with correct answers
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#3
6 years ago
Make sure to mark the topic solved
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